Qualification Details
FNS10110 - Certificate I in Financial Services (Release 1)
Course Usage Recommendation: Current
Training Package: financial services training package
Recognition of Prior Learning (RPL)
FNS10110 Certificate I in Financial Services (Release 1) Qualification is offered by Get Qualified Australia via our RTO partners using a combination of Recognition of Prior Learning (RPL) and Skills Recognition.
Wherever possible, the qualification will be fully assessed using your career experience without the need for further study. If required, gap training is available from our RTO partners.
Description
This qualification reflects the skills and knowledge required of individuals to facilitate an understanding of the Australian financial services marketplace and personal financial situations that will assist in meeting the needs of identified gaps in nationwide financial literacy. It does not have an industry employment outcome.
Entry Requirements
Not applicable.
Packaging Rules
6 units must be achieved:
- FNSFLT201A Develop and use a personal budget
- FNSFLT202A Develop and use a savings plan
- FNSFLT203A Develop understanding of debt and consumer credit
- FNSFLT204A Develop understanding of superannuation
- FNSFLT205A Develop understanding of the Australian financial system and markets
- FNSFLT206A Develop understanding of taxation
Licencing Information
Not applicable.
Employability Skills
Employability Skills and Industry /enterprise requirements for this qualification include:
Communication
- asking questions in order to understand financial concepts
- creating documents for personal budgets and savings plans
- using active listening skills
- using basic verbal and written skills
Teamwork
- consulting others when developing personal financial plans
- working with others to develop one's knowledge and expertise in credit management and superannuation
Problem solving
- analysing and comparing information from different sources
- checking financial statements for accuracy
- comparing and contrasting the performance of different plans, funds and credit facilities
- matching one's own needs with products on offer
- tracking lost superannuation payments
Initiative and enterprise
- creating a long-term vision for one's financial future through a superannuation plan
- modifying personal budget and savings plan to changing circumstances
Planning and organising
- preparing a simple personal budget and savings plan
- researching, collecting and analysing information from a range of sources
Self-management
- demonstrating the skill to manage personal finances, personal credit rating, history and superannuation choice
Learning
- learning new ideas, skills and techniques by developing a budget and a personal savings plan
- maintaining personal knowledge of financial products and services
Technology
- using calculators and computer software to prepare a budget and a savings plan
Pathway Information
Not applicable.
Awarded by:
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